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A comment on FDR's policies prolonged Depression by 7 years, UCLA economists calculate (2004). Parent comment

Re:FDR's policies prolonged Depression by 7 years, UCLA econ... by nl on Thursday December 19, 2013 @05:35AM (#6933840)
You could employ people cutting tulips around the city hall, and technically they are employed, yes, but do not produce any value towards economical growth, so it's a net loss compared to them working in a productive job in the industry.

Except it's not a net loss, because those people now have money they can spend.

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